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20121205
20121213
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KCSM (PBS) 2
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PBS
Dec 5, 2012 7:00pm PST
that could drag the economy into recession. obama said on wednesday that federal revenues will not reach the level needed to implement his proposals to cut the deficit unless taxes are raised on the wealthy. >> there is a bottom-line amount of revenue that is required in order for us to get a real, meaningful deficit reduction plan. >> obama added that if republican officials acknowledged this reality, the actual numbers proposed by each party are not that far apart. republicans have made a counteroffer. they want to raise revenue by reviewing the current tax deduke system. house speaker john boehner has urged the president to compromise. >> our members believe strongly that raising tax rates will hurt the economy. now we need a response from the white house. >> unless the two sides reach an agreement by the end of this year, the automatic tax increases and spending cuts will take effect in the new year. >>> time to get a check on the markets now. the nikkei here in tokyo rose above the key 9,500 level as concerns about the u.s. economy eased. the nikkei index right now trading at 9521,
PBS
Dec 9, 2012 6:30pm PST
with immovable objects will be felt around the world. president obama says he won't budge when it cos to ending the bush tax cuts for the wealthy. and as rumors mount that some reblicans may be willing to give grod on taxes, conservatives in the party are shouting, "remember the alamo!" and demanding their leaders in congress yield not an inch. dozens of conservative activists, outraged at the prospect of compromise, have sent an open letter to publicans in the house and senate "to stand firm and not surrender your conservative inciples." their hero, of course, is this man, known around town simply as grover. no, not the muppet, but chief enforcer of the notorious norquist pledge against taxes. republican candidates for office must sign or risk defeat by right-wiandidas in primaries where a turnout of die-hard partisans can decide the outcome. among republic politicians, fear of grover has been grear even than fear of god, and suc fear has kept republicans in congress from voting to raise taxes for 22 years, althe way back to 1990. mickey edwards was stilln congress the an-ter eightreprestive f
Search Results 0 to 1 of about 2